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Photos: A-Rod Sells Home for $30 Million

The New York Yankees third baseman sold his home in Miami Beach on Friday morning, according to ESPN.com reported. The home sold for $30 million and is one of the highest purchase prices for a home in Miami. It was previously listed for $38 million. A nearby home in a private island in Miami-Dade County sold for a record-breaking $47 million in Aug. 2012. In 2010, he bought 54,000-square feet of l

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Teens Tire of Facebook—But Not Enough to Log Off

Has Facebook lost its cool? That’s a question TIME posed earlier this year to dozens of teenagers, who mostly insisted that newer social networks like Instagram, Tumblr, and Twitter were more engaging, even if (and partially because) everyone they knew in real life wasn’t on them. Now, a new study by the Pew Research Center has confirmed that teens are growing a bit weary of the world’s largest so

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Blackstone notifies Cohen's SAC it intends to pull money: pension consultant

(Reuters) - Billionaire hedge fund manager Steven A. Cohen is losing the financial support of Blackstone Group Inc, the largest outside investor in his embattled SAC Capital Advisors, which is yanking much of its client money, according to a letter reviewed by Reuters.

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